Plot the data and describe the patterns

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Reference no: EM132164053

Assignment

Period	Engine Failures	(a) 4-period moving average	(b) weighted moving average with weights of (6,3,1)	(c) simple exponential smoothing with alpha=0.4 and period 2 follows naïve forecast	(d) trend projection
1	155
2	178
3	266
4	295
5	330
6	328
7	376
8	398

Questions

1. Please plot the data and describe the patterns

2. Generate forecasts for all possible periods using above four methods

3. Compute MAPE and explain which method you would recommend

Reference no: EM132164053

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